There are several other credit rating patterns used by loan providers and you may credit agencies (TransUnion, Equifax, Experian)
Credit rating Patterns
Because the significantly more than circumstances and you can weights are widely used to help determine your own FICO get, your own Vantage credit rating (another kind of credit rating design) works out ratings in a different way. Vantage is additionally dependent on percentage records, borrowing use, duration of credit score, credit mix and you may sizes, and you can the fresh borrowing, although weights of each factor differ.More